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The blogging business, and more iconomania

$500 million for MySpace and $2 billion for Facebook?!

I like MySpace and Facebook just fine. I even have accounts on both. However, I really can't see them being worth $500 million (which Rupert Murdoch paid for MySpace) and $2 billion (the current asking price for Facebook).

In other news: I'm adding a new set of icons.

scifi, writing, politics, democracy, asian
encouragement, congratulations, soapbox, celebration, social
healing, teunc, farewell, grammar, cute
fury, confused, planet, film, award
biology, bioinformatics, bayesian, engineering, agriculture
environment, business, law, journalism, police
metahumor, thanks

Displaced:

international (asian), baby (teunc), phone (scifi), joy (music)

Existing icons to update:

fandom (Doctor Who)
desire (Dcotor Who)
time (Doctor Who)

Future icons:

livejournal
education
energy
novels
religion
television

Anyone who has recommendations or can make icons containing the above keywords, or suitable for use in denoting their themes or concepts: please comment! If I use your icon, I will be sure to credit the authors anywhere it is stored.

--
Banazir

Comments

( 17 comments — Leave a comment )
altamira16
Mar. 31st, 2006 01:24 pm (UTC)
The sale of these websites makes me uneasy. Jared Polis, founder of bluemountain.com wrote his list of people who live in Boulder and said he just sold proFlowers.com. I haven't been able to find how much he sold that for.
ballzapalooza
Mar. 31st, 2006 04:04 pm (UTC)
Given the ridiculous amount of growth MySpace has seen since Murdoch bought it last year, $500 million is starting to look more and more like a bargain.

$2 billion for Facebook is a little ridiculous.
chaosinaskirt
Mar. 31st, 2006 04:35 pm (UTC)
If they're doing any sort of data mining or advertising, it's probably a decent price.


Keep in mind, the going rate for a one month advertisement on sites with at least 2M pageviews and 1,000 distinct users is approximately $1,000/mo for a banner at $500/mo for a button. It doesn't take much to get to 2M pageviews and 1,000 distinct users if you've got any sort of forum or blog or gallery going on. (My two-year-old forum currently has a 4.5M/mo pageview, and it's not even big enough to go on big-boards yet!) And that's not for a constantly-up ad, that's for the kind that gets put in a fixed-number (say, 20 or 50) directory and is randomly selected.

I know those stats only because over the course of the year, we'll be changing it to a limited but free / expanded but ads / subscription basis because between my co-admin and myself, we spend approximately 70-80 hrs/wk admining the forum and need to be able to have money to pay for school and what not. We figure that if we charge $500/ad and sell 25 ads/mo, we can pay our forum costs (1 ad/mo) and have a fairly good salary, but we could have an acceptable salary with 8-10 ads/mo.
orangerful
Mar. 31st, 2006 06:55 pm (UTC)
and I thought the adds on MySpace were annoying now...this can only lead to more pop ups and movies and sound clips running over and over on people's MySpaces

*clings to Livejournal* I'm never letting go!!!
kaladhwen
Apr. 1st, 2006 08:29 pm (UTC)
this can only lead to more pop ups and movies and sound clips running over and over on people's MySpaces

Ugh, so I'm not the only one who despises those sound files blaring every single time?
orangerful
Apr. 2nd, 2006 01:33 am (UTC)
no, you are not alone! MySpace needs to go away, far far away, and never return.

I don't understand how kids who have no patience with anything else are totally fine with MySpace's server issues - it takes me 3 try to log in, I'm constantly having to reload my browser...

*huggles Livejournal*
kaladhwen
Apr. 2nd, 2006 05:49 am (UTC)
*shudders* The layout itself...just so...ads, and music blaring at me every time a friend links me to myspace... gah... *joins you in hugging LJ*
prolog
Apr. 3rd, 2006 04:02 am (UTC)
MySpace is the ass-end of the internet.
kaladhwen
Apr. 3rd, 2006 04:08 am (UTC)
Apparently, an end that is worth $500 million, too... /wry *needs to stop thinking that the people who paid that much are stupid*
kaladhwen
Apr. 1st, 2006 08:30 pm (UTC)
Dang, $2 billion??? I'd like a share of that money, please.
banazir
Apr. 2nd, 2006 06:38 pm (UTC)
Anemones always want their cut!
You know, anemones are like the Mafia of the undersea world...
;-)

--
Banazir
kaladhwen
Apr. 2nd, 2006 10:48 pm (UTC)
Re: Anemones always want their cut!
LOL! Them and their dark, underwater, cutthroat scurvy sea wars!
banazir
Apr. 3rd, 2006 01:40 am (UTC)
You owe Davy Jones your SOUL!
Do you know why I practice three hours a day?!

I practice so that when I meet an anemone, I can trask it!

--
Banazir
kaladhwen
Apr. 3rd, 2006 04:08 am (UTC)
Re: You owe Davy Jones your SOUL!
LOL. Anemones will whip you to death with their fronds.
oiscotthey
Apr. 2nd, 2006 04:48 am (UTC)
Do you have a source, re: facebook on the auctioning block? Thanks. (:

I reckon that MySpace for 500 million was a really smart choice by News Corp. The phenomenon is out of control among highschool age kids. At local trendy youth franchise food consumption depots kids don't talk about other kids any more, kids talk about other kids' MySpace accounts. Those without MySpace accounts are social black sheep. Go to any teenage party and marvel at how much time kids spend with their cell phones whipped out snapping pictures. I've always wondered where all that generated data goes. Now I know: MySpace.

I think the MySpace thing has homed in on (inadvertantly) some key points that youths have really embraced. Broadcasting of memes (anything from certain myths/anecdotes [those Chuck Norris things], to online personality quizes, to certain images & videos), another layer of impersonality (it's easier to say - nice shoes, wanna fuck? - over the internet), which in itself is a huge deal.

Facebook, on the other hand, is just as ubiquitous in the undegraduate university scene. I think that Facebook is less valuable for advertising and more valuable for data mining. Don't think it's worth 2 billion dollars, but somehow I get an inkling that it's worth much more than 500 million.

Dunno, maybe.

banazir
Apr. 8th, 2006 09:02 pm (UTC)
Rupert Murdoch, News Corp (NWS), and MySpace/Intermix (MIX)
You've surely found it by now, but here is a reference re: the putting of Facebook up for sale.

You're right about the News Corporation and MySpace. Even though I still can't stand MySpace and it's exteme teenybopper ambience, I've started to watch the relevant stocks, particularly NWS. (Ironic that it has the ticker symbol that in the blogosphere is an acronym for "Not Work Safe".)

I believe that LJ is a bunch of mostly-teenaged, mostly-female users wanting to be adults, while MySpace is a bunch of adults and teenagers who mostly want to act like teens. (Not surprisingly, there is a dark underside to that situation.)

--
Banazir
gregbo
Apr. 4th, 2006 06:42 am (UTC)
Welcome to the next bubble ...
( 17 comments — Leave a comment )

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